There are several different types of Bitcoin clients. Server-assisted clients like blockchain.info rely on centralized servers to do their network verification for them. Although the server can't steal the client's bitcoins directly, it can easily execute double-spending-style attacks against the client.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.

Its a kind of update to the bitcoin protocol. Basically we're making more space in each block of the btc blockchain so that more transactions can be processed in a block.

If you noticed while bitcoin was at its peak a month or so ago, transactions were becoming slow to confirm and the transaction fees were becoming large.Segwit basically solves this(to some extent) and makes bitcoin more scalable.

I could go more technical if you want more info.

Also most of the nodes are running segwit so it is very likely that it will activate by Aug 1st(thats the proposed deadling).

And we will see a large bull run in the market if everything goes well.

Its a kind of update to the bitcoin protocol. Basically we're making more space in each block of the btc blockchain so that more transactions can be processed in a block.

If you noticed while bitcoin was at its peak a month or so ago, transactions were becoming slow to confirm and the transaction fees were becoming large.Segwit basically solves this(to some extent) and makes bitcoin more scalable.

I could go more technical if you want more info.

Also most of the nodes are running segwit so it is very likely that it will activate by Aug 1st(thats the proposed deadling).

And we will see a large bull run in the market if everything goes well.

Now a days I also see this word segwit in many places were discussion of bitcoins take place you have explained it.But still I'm getting confused.About itAnd can anyone explain me about what is going to happen after July.Thanks